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hagel. >>> and beyonce and jay-z caused a big stir in cuba thursday while on vacation to celebrate their fifth wedding anniversary. they were mobbed by crowds while touring old havana but still managed to find time for a dinner featuring fish, chicken, black beans and rice. all good stuff. >>> now for a look at what's moving your money, cnbc's brian shactman. good morning, brian. >> thank you, richard. good morning, everybody. investors are awaiting the march jobs numbers. we'll find out if it was another month of steady hiring. >>> also, president obama's but which comes out on wednesday reportedly would cut the deficit by $1.8 trillion over ten years. "the new york times" says the plan includes cuts to social security and medicare and uses the new metric to cal indicate annual cost of living increases. >>> it's a big day for jc penney because the struggling department store launching the first of its new home goods boutiques including some martha stewart brand products which the ceo says is pivotal to his turnaround efforts. richard, back to you. >> cnbc's brian shactman, thank you. >>
hagel. >>> and beyonce and jay-z caused a big stir in cuba thursday while on vacation to celebrate their fifth wedding anniversary. they were mobbed by crowds while touring old havana but still managed to find time for a dinner featuring fish, chicken, black beans and rice. all good stuff. >>> now for a look at what's moving your money, cnbc's brian shactman. good morning, brian. >> thank you, richard. good morning, everybody. investors are awaiting the march jobs...
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chuck hagel called it a real and clear angel. jim is live for us in seoul, south korea, what is the latest? >> reporter: the lathest is the message that is clearly meant for the united states. they spoke of deploying nuclear devices to strike at america. the latest threat was conditional on stopping what north korea calls aggressive war games. it sees it as a rehearsal for an invasion. it comes after kim jong un, a young leader activated a reactor. he's barred south korean workers from crossing into the north to punch in at the industrial park, the only joint venture. meanwhile, intelligence suggests, south korean intelligence suggesting they moved a missile toward a launch site. this kind of missile has yet to be tested. it could hit as far away as guam. the u.s. is beefing up antimissile defenses there. in seoul, people are concerned, but used to the rhetoric. students say they are more worried about final exams than a war. back to you. >> thank you, jim. jim is live in south korea. >>> in afghanistan, the taliban claiming resp
chuck hagel called it a real and clear angel. jim is live for us in seoul, south korea, what is the latest? >> reporter: the lathest is the message that is clearly meant for the united states. they spoke of deploying nuclear devices to strike at america. the latest threat was conditional on stopping what north korea calls aggressive war games. it sees it as a rehearsal for an invasion. it comes after kim jong un, a young leader activated a reactor. he's barred south korean workers from...
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chuck hagel is doing it. so is president obama. i'm talking about giving back part of their salaries to show they feel the financial pain of federal employees who are going to be furloughed. the president is giving back 5% or almost $20,000 he makes $400,000 a year. chuck hagel will give back 14 days pay, or a little more than $10,000. critics accused the president of making a largely symbolic move, but democrats will say that the president is going farther than some in congress. this is now nancy pelosi addressed the issue during the talks about forced spending cuts. >> most of my colleagues are the bread winners in in their families. a pay cut to me doesn't mean as much. i don't think we should do it we should expect the work we do. we should protect the dignity of the job we have awarded. >> it would be beneath their dignity to take a cut. maria cardona joins me now along with will cain. welcome to both of you. >> thank you, carol. good morning. >> the president's gesture, giving back 5% of his salary because he wants federal em
chuck hagel is doing it. so is president obama. i'm talking about giving back part of their salaries to show they feel the financial pain of federal employees who are going to be furloughed. the president is giving back 5% or almost $20,000 he makes $400,000 a year. chuck hagel will give back 14 days pay, or a little more than $10,000. critics accused the president of making a largely symbolic move, but democrats will say that the president is going farther than some in congress. this is now...
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you may remember yesterday, we reported that president obama and defense secretary chuck hagel said they too would give back about 5% of their paychecks. >>> it was a day in court for a man accused of running his car into a wal-mart. >> we could probably fly without a plane to new orleans right now. >>> cal basketball team getting ready for the ncaa showdown. the buzz on the berkeley campus. >>> this is the man accused of deliberately smashing his car into a wal-mart store last sunday. and it turns out that may not be the first time he's done something like that. today, haamid zaid made his first appearance in court. and john is here now with what happened. >> reporter: frank, he made an appearance here in court this afternoon, but he's still behind bars tonight in the county jail, because he was denied bail. >> wednesday, april 10, at 1:30. >> reporter: 33-year-old haamid zaid appeared in superior court in san jose this afternoon for his arraignment on 12 counts, including two charges of attempted murder. last sunday, investigators say zaid crashed his car into the wal-mart on store roa
you may remember yesterday, we reported that president obama and defense secretary chuck hagel said they too would give back about 5% of their paychecks. >>> it was a day in court for a man accused of running his car into a wal-mart. >> we could probably fly without a plane to new orleans right now. >>> cal basketball team getting ready for the ncaa showdown. the buzz on the berkeley campus. >>> this is the man accused of deliberately smashing his car into a...
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chuck hagel says washington is doing everything it can to defuse the situation. washington keeps more than 28,000 troops in south korea to protect its ally. >> as they have ratcheted up their bellicose, dangerous rhetoric and some of the actions they've taken over the last few weeks present a real and clear danger and threat to the interests certainly of our allies, starting with south korea. >> south korea's defense ministry says the country is ready to deal with provocation by north korea, but we are seeing a little bit of action from pyongyang. north korean officials blocked south koreans from entering a jointly run industrial park about two days in a row and the government is threatening to pull tens of thousands of north korean workers which would really only further cripple their economy. the pentagon meanwhile continues to take all the threats we're hearing seriously. they're sending army systems to a western pacific territory, home to a number of military bases. officials say this particular system is capable of shooting down short, medium and other balli
chuck hagel says washington is doing everything it can to defuse the situation. washington keeps more than 28,000 troops in south korea to protect its ally. >> as they have ratcheted up their bellicose, dangerous rhetoric and some of the actions they've taken over the last few weeks present a real and clear danger and threat to the interests certainly of our allies, starting with south korea. >> south korea's defense ministry says the country is ready to deal with provocation by...
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defense secretary chuck hagel also said he's going to take a pay cut to show solidarity with the workers in the defense department. >>> north korea now cranking up the tough talk another notch today. this is directly accusing the united states of actively pursuing a nuclear war. u.s. officials say they have reason to believe that the north koreans will soon launch a missile off their east coast possibly as a test, possibly as a show of force. but the pentagon says u.s. military defense missile systems and people are on their way now to guam right now. this is an island that north korea calls a possible target. tonight, at 6:00 eastern wolf blitzer will host a special edition of "the situation room" focusing entirely on this crisis in north korea. you're not going to want to miss that. here's what we're also working on for this hour. ronald reagan's daughter says he would have supported same sex marriage. and she tells us why. and in texas everyone pretty much still on edge after a district attorney and his wife shot down, killed in their own home. now, there's a new reward. plus, living
defense secretary chuck hagel also said he's going to take a pay cut to show solidarity with the workers in the defense department. >>> north korea now cranking up the tough talk another notch today. this is directly accusing the united states of actively pursuing a nuclear war. u.s. officials say they have reason to believe that the north koreans will soon launch a missile off their east coast possibly as a test, possibly as a show of force. but the pentagon says u.s. military defense...
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. >> president obama, secretary of state john kerry, defense secretary chuck hagel and attorney general eric holder all agree to give back some of their salaries to stand in solidarity with those employees being f furloughed. is it political theater? >> it is. our president, like many before him, is a multimillionaire. 5% of his salary comes up to about, i thinks $1,600 a month, means very little. it also draws attention to the fact that he likes to go golfing, goes golfing with tiger woods, his family is continually on vacation. why didn't he show the same solidarity when unemployment reached over 10% in the great recession? we had those terrible job numbers yesterday. as a bit of washington political theater, i don't think it was well staged. >> do you agree? >> no, absolutely not. are these moves going to completely fix our budget crisis? absolutely not. that's not what they're meant to do. they're meant to underscore what this president and democrats have said for a very long time. that is, we are all in this together and that democrats and leaders, especially the president on down,
. >> president obama, secretary of state john kerry, defense secretary chuck hagel and attorney general eric holder all agree to give back some of their salaries to stand in solidarity with those employees being f furloughed. is it political theater? >> it is. our president, like many before him, is a multimillionaire. 5% of his salary comes up to about, i thinks $1,600 a month, means very little. it also draws attention to the fact that he likes to go golfing, goes golfing with...
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in other news, defense secretary chuck hagel says that he takes very seriously the belicose threats from north korea. the united states takes them serious. they are upsetting the stability of the entire region. march madness is back in full swing. some of those games played here in our nation's capitol. the washington nationals, sports illustrated says they are going to win the pennant this year. they play their first game at home today and pope francis is setting a new tone in the vatican. lots to talk about this morning on current tv. billy zane stars in barabbas. coming in march to reelz. to find reelz in your area, go to reelz.com alright, in 15 minutes we're going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability,
in other news, defense secretary chuck hagel says that he takes very seriously the belicose threats from north korea. the united states takes them serious. they are upsetting the stability of the entire region. march madness is back in full swing. some of those games played here in our nation's capitol. the washington nationals, sports illustrated says they are going to win the pennant this year. they play their first game at home today and pope francis is setting a new tone in the vatican....
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. >>> just moments ago, defense secretary chuck hagel declared north korea's rhetoric presents a, quote, real clear danger and a threat to the u.s. and its allies, end quote. today, north korea shut off access to the last remaining symbol of cooperation with south korea. hundreds of south koreans were sent back across the border when they tried to rortd for work at a jointly run industrial park just over the heavily armed border in the north. the facility also provides jobs for more than 50,000 north koreans and is a critical source of income for the impoverished north. joining me live, brian walsh. as i mentioned, the u.s. is going to send missile defense system to guam following north korea's latest threat. what does that action and decision mean? >> it's the latest step in what's a growing and increasingly worrying standoff between north korea, between united states and its allies in the region. you have the rhetoric from north korea. what's worrying here is that in kim jong-un, the still fairly new leader of north korea, we have someone who's a bit of an x-factor. we don't really kn
. >>> just moments ago, defense secretary chuck hagel declared north korea's rhetoric presents a, quote, real clear danger and a threat to the u.s. and its allies, end quote. today, north korea shut off access to the last remaining symbol of cooperation with south korea. hundreds of south koreans were sent back across the border when they tried to rortd for work at a jointly run industrial park just over the heavily armed border in the north. the facility also provides jobs for more...
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moments ago, defense secretary chuck hagel started speaking in washington. we're monitoring those remarks for any comments about the latest threats from north korea. overseas today, the top u.s. commander in south korea is offering a bleak assessment of the current situation. general james thurmon telling reporters he's never seen things as tense as they are right now on the korean peninsula. describing it as volatile and dangerous, fearing any m miscalculation could lead to war. the north barring south korean workers from entering a jointly operated factory complex, jeopardizing a project that provides some of the other peaceful contact between the two sides. and as the tensions escalate, the pentagon is taking action, positioning two war ships now near the korean peninsula as part of a missile defense mission. greg palkot has the latest live from london, greg. >> reporter: yeah, the latest target of north korea, seemingly innocuous. we were there a few years ago, not much too see outside a important situation, maybe the only cooperation right now. that fac
moments ago, defense secretary chuck hagel started speaking in washington. we're monitoring those remarks for any comments about the latest threats from north korea. overseas today, the top u.s. commander in south korea is offering a bleak assessment of the current situation. general james thurmon telling reporters he's never seen things as tense as they are right now on the korean peninsula. describing it as volatile and dangerous, fearing any m miscalculation could lead to war. the north...
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hagel say he's been in touch with the chinese defense minister, secretary of state john kerry will be in beijing next saturday, that might be a crucial period for this entire crisis. >> mr. ambassador, quickly, i take you you see this as ratcheting down over time it sounds like? >> well, you know, first of all we have to be very careful on this situation, the north koreans are, this is not the most sophisticated bunch of leaders we're dealing with over there and they really moved right up to the line, they could easily stumble over it. the south koreans are truly fed up with this situation, so the chance of an incident, the dmz offshore somewhere like that is i think significant so i think we have to be very careful here, the hope is that the north korean also feel they've gotten out of this what they wanted to get. i completely agree with joe, it has to do with their domestic politics. i don't think they're going to get much from anybody else. i don't see the north koreans winning in this exchange, somehow getting financial consideration, et cetera, but this has been a tough consider
hagel say he's been in touch with the chinese defense minister, secretary of state john kerry will be in beijing next saturday, that might be a crucial period for this entire crisis. >> mr. ambassador, quickly, i take you you see this as ratcheting down over time it sounds like? >> well, you know, first of all we have to be very careful on this situation, the north koreans are, this is not the most sophisticated bunch of leaders we're dealing with over there and they really moved...
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chuck hagel says the pentagon is not taking the regime's threats lightly. >> is north korea more dangerous today? i think there are very provocative actions and belligerent tone has ratcheted up the danger. and we have to understand that relate. >> on tuesday, kim pyongyang relieved a propaganda video earlier this month showing the u.s. capital' white house under attack. this is like a cartoon. they can't get their rocket 15 feet off the ground. >> one of the important things is the assumption is in military and intelligence cycles is one of the reasons this is happening is that actually north korean leader is under a threat and he has to prove to his own people he is a strong man. if that is the case in some ways that is encouraging for people waiting for years tos regime change in north korea but at the same time a recipe for a lot more instability. frankly as long as china is giving its support to north korea you have the makings of a nasty mess if flonorth korea wi have a mess coming up. >> people will become hungrier than they are. the void of food in that country. isn't that the grea
chuck hagel says the pentagon is not taking the regime's threats lightly. >> is north korea more dangerous today? i think there are very provocative actions and belligerent tone has ratcheted up the danger. and we have to understand that relate. >> on tuesday, kim pyongyang relieved a propaganda video earlier this month showing the u.s. capital' white house under attack. this is like a cartoon. they can't get their rocket 15 feet off the ground. >> one of the important things...
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chuck hagel said take my 5%. no word from joe biden yet. there is about ten that said take 5%. which adds up to, in the president's case, $20,000. then he hopped on air force one for a fund-raiser for $180,000 a trip. >> gretchen: some people were pointing onto the funny business in the math. the salary cot amounts to $20,000, but the one trip was $180,000. >> brian: and it's fundraising. why is that allowed for any president? why is he -- he doesn't even pretend -- >> gretchen: the dnc said they were out of money after the election. that would be condition reason. >> steve: last night he had a fund-raiser for them. if you do the math, the president of the united states, it is calculated that since he's given back the 20,000, since he's probably taxed at the top rate, 39.6%, the president of the united states, by giving the money back to the treasury under 170-year-old program called gifts to the united states, could wind up making that a writeoff and wind up with $7,920 worth of tax relief, if he wanted to. jay carney says he's not going to do it. >> brian: straight ahead, sho
chuck hagel said take my 5%. no word from joe biden yet. there is about ten that said take 5%. which adds up to, in the president's case, $20,000. then he hopped on air force one for a fund-raiser for $180,000 a trip. >> gretchen: some people were pointing onto the funny business in the math. the salary cot amounts to $20,000, but the one trip was $180,000. >> brian: and it's fundraising. why is that allowed for any president? why is he -- he doesn't even pretend -- >>...
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defense secretary chuck hagel saying that the latest provocations are disconcerting. they are quite concerned, monitoring the situation quite closely this morning, erica part of what is so disconcerting to many is of course kim jong un. not a lot known about this leader. how much does the obama administration know about him and how much power he really has? >> well, erica, you have touched on what is really one of the top concerns for this administration. kim jong un took over in december of 2011. he was in his late 20s at the time, not a lot known about him then, not a whole lot known about him now. i can tell you that u.s. officials were hoping that this new, young leader would help to lead his country out of its current state of isolationism, rampant poverty, and that is not the case. in fact, the opposite seems to be the case. he seems to be more bellicose and more unstable and unpredictable than his father. that is one of the chief concerns for this administration moving closely. >> kristen welker at the white house this morning, thanks. now here's lester. >>> th
defense secretary chuck hagel saying that the latest provocations are disconcerting. they are quite concerned, monitoring the situation quite closely this morning, erica part of what is so disconcerting to many is of course kim jong un. not a lot known about this leader. how much does the obama administration know about him and how much power he really has? >> well, erica, you have touched on what is really one of the top concerns for this administration. kim jong un took over in december...
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defense secretary chuck hagel talked about all the north korean threats to guam and other areas just a short time ago. >> some of the actions they have taken the last few weeks present a real and clear danger and threat to the interests certainly of our allies starting with south korea and japan. and also the threats that the north koreans have leveled directly at the united states regarding our base in guam, threatened hawaii, threatened the west coast of the united states. >> now, you'll recall that already a few days ago hagel announced a move to put more missile defenses on the west coast of the united states and in alaska. think of this as the halfway point, if you will, guam, to protect that nation that territory against the north korean threats. a lot of people might say north korea doesn't have the missiles to attack guam, but hagel is making it clear he's not taking any chances. there is a lot of intelligence float around indicating the north koreans are planning to at least try more missile launches in the coming weeks according to u.s. officials we have talked to. >> let's
defense secretary chuck hagel talked about all the north korean threats to guam and other areas just a short time ago. >> some of the actions they have taken the last few weeks present a real and clear danger and threat to the interests certainly of our allies starting with south korea and japan. and also the threats that the north koreans have leveled directly at the united states regarding our base in guam, threatened hawaii, threatened the west coast of the united states. >> now,...
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hagel saying they are not taking anything for granted. >> some of the actions they have taken over the last few weeks present a real and clear danger. >> reporter: so the walk from the house is that north korea needs to dial back the rhetoric to stop the kind of provocative actions we've seen over the last few weeks. if not, they will be further isolated from the international community, brooke. >> dan lothian, at the white house, appreciate it, january. >> we want to bring in a cnn military analyst who spent years as a senior intelligence officer in korea. general, thank you for joining us. you heard in dan's report, the united states says it's moving these new anti missile defense systems to guam. i wonder if you can explain how that fits to the overall u.s. strategy dealing with north korea, and if you can lay out that strategy for us. >> absolutely. the primary concern that the united states has right now, north korea is getting much more strident, albeit, we've seen these levels of strid ensy before, and a new leader in place. trying to figure out what his intentions are. clearly
hagel saying they are not taking anything for granted. >> some of the actions they have taken over the last few weeks present a real and clear danger. >> reporter: so the walk from the house is that north korea needs to dial back the rhetoric to stop the kind of provocative actions we've seen over the last few weeks. if not, they will be further isolated from the international community, brooke. >> dan lothian, at the white house, appreciate it, january. >> we want to...
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nonetheless, defense secretary chuck hagel says that the u.s. cannot take any chances. >> it only takes being wrong on once, and i don't want to be the secretary of defense who was wrong once. so, we will continue to take these threats seriously. i hope the north will ratchet this very dangerous rhetoric down. there is a pathway that's responsible for the north to get on a path to peace, working with their neighbors. >> again, the warning to north korea is to stop this kind of rhetoric, these provocative acts, because they will only serve to isolate them from the international community. christine? >> dan lothian in washington. thanks, dan. >> ten minutes after the hour. >>> happening right now, the search is on for a man who opened fire at ft. knox, killing a civilian worker for the u.s. army. remember, this is one of the most secure locations on earth. investigators in kentucky say yesterday's shooting took place in a parking lot. they describe it as a personal incident. it triggered a temporary lockdown of ft. knox that's been lifted, but sec
nonetheless, defense secretary chuck hagel says that the u.s. cannot take any chances. >> it only takes being wrong on once, and i don't want to be the secretary of defense who was wrong once. so, we will continue to take these threats seriously. i hope the north will ratchet this very dangerous rhetoric down. there is a pathway that's responsible for the north to get on a path to peace, working with their neighbors. >> again, the warning to north korea is to stop this kind of...
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but defense secretary chuck hagel said something interesting yesterday. he was very blunt about the stakes involved. take a listen. >> it only takes being wrong once and i don't want to be the secretary of defense who was wrong once. so we will continue to take these threats seriously. i hope the north will ratchet this very dangerous rhetoric down. there is a pathway that's responsible for the north to get on a path to peace, working with their neighbors. >> just as the pentagon has various war scenarios, we've known that for years, about various situations that could play out, they also have playbooks that deal with potential situations. there is a specific playbook to deal with north korea as it does a provocative action, the u.s. does a military exercise to respond. but the "wall street journal" has an interesting story this morning, saying that kim jong-un and the north korean leadership has been so proceed rocktive of late that u.s. has started dialing back from their playbook 'cause they're concerned in private that if they ratchet up some of these
but defense secretary chuck hagel said something interesting yesterday. he was very blunt about the stakes involved. take a listen. >> it only takes being wrong once and i don't want to be the secretary of defense who was wrong once. so we will continue to take these threats seriously. i hope the north will ratchet this very dangerous rhetoric down. there is a pathway that's responsible for the north to get on a path to peace, working with their neighbors. >> just as the pentagon...